28/07/2020: Ethereum 2.0 Testnet Launch
The Beacon Chain, the first phase of Ethereum 2.0, goes live on a public testnet, marking a significant step towards the transition to a proof-of-stake consensus mechanism.
03/06/2020: COVID-19 Impact on the Shilling
The Ugandan Shilling experienced a significant decline in value due to the economic impact of the COVID-19 pandemic.
20/07/2017: Ethereum Hard Forks: Byzantium
The Ethereum network undergoes a hard fork upgrade named Byzantium, implementing various improvements to enhance scalability, privacy, and security.
17/06/2016: The DAO Hack
The Decentralized Autonomous Organization (DAO), built on the Ethereum platform, suffers a major security breach, resulting in the theft of approximately 3.6 million ETH tokens.
30/07/2015: Ethereum Mainnet Launched
The Ethereum mainnet is released, enabling developers around the world to build and deploy decentralized applications on the Ethereum blockchain.
01/09/2013: Withdrawal of Old Currency Series
The old series of Ugandan Shilling notes were phased out and replaced with the new currency series.
30/07/2013: Ethereum Whitepaper Published
Vitalik Buterin publishes the Ethereum whitepaper, outlining a new blockchain platform designed to support decentralized applications and smart contracts.
01/07/2010: Issue of New Currency Series
Uganda issued a new series of currency notes with enhanced security features to reduce counterfeiting.
03/01/2009: Bitcoin Genesis Block Created
The first block of the Bitcoin blockchain, known as the Genesis Block, is mined by Satoshi Nakamoto, marking the birth of the Bitcoin network.
31/10/2008: Bitcoin Whitepaper Published
Satoshi Nakamoto releases a whitepaper titled 'Bitcoin: A Peer-to-Peer Electronic Cash System,' introducing the concept of a decentralized digital currency.
02/05/2003: Introduction of Coins
Uganda introduced coins denominated in Shillings to replace lower-value notes and facilitate transactions.
15/05/1987: Introduction of the 500 Shilling Note
A new 500 Shilling note was introduced to combat the rapid inflation and devaluation of the currency.
05/08/1972: Idi Amin's Currency Change
President Idi Amin ordered the demonetization of old Ugandan Shilling notes and replaced them with new ones, causing an economic crisis.
15/06/1966: Introduction of the Ugandan Shilling
The Ugandan Shilling was introduced as the official currency of Uganda following its independence from British colonial rule.